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Nov 16, 2012
11/12
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administration, is taxes on capital gains and dividends should certainly go up. it's not clear how much. and we've seen, as your previous guests pointed out, the dividend stocks go down. i actually think you want to be in something like the cyclical stocks. look, the odds that they're not going to come to an agreement at all throughout next year, to me, is very, very employee. >> are etfs the place to be considering the taxes? >> i think that's a good place to be. think about the odds. i mean, if you're the president and you want to get anything done in your term, you've got to get a deal at some point. otherwise, you're not going to do whatever else is on the agenda, like climate change. the republicans have already been chasing by defeat. they're on their heels. they're going to want a deal. they don't want to be portrayed as the group that tossed the economy into recession. there's a lot of work to do. >> are you selling anything before the end of the year in anticipation of those higher taxes? >> i think if you have a short investment horizon, this is a good
administration, is taxes on capital gains and dividends should certainly go up. it's not clear how much. and we've seen, as your previous guests pointed out, the dividend stocks go down. i actually think you want to be in something like the cyclical stocks. look, the odds that they're not going to come to an agreement at all throughout next year, to me, is very, very employee. >> are etfs the place to be considering the taxes? >> i think that's a good place to be. think about the...
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Nov 14, 2012
11/12
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so heading now into another four years of the obama administration, where are we and why are we here? how to get somewhere else? how do we live up to that promise? what went wrong -- what's going right in what can we do about it going forward? >> simple. first of all, i don't thing that the favorability ratings -- there we go. so i don't think favorability rating in the pew surveys are evidence of whether were doing something wrong or right and i think it's a huge mistake for anybody who practices public diplomacy to think his or her job is to win a popularity contest. so while i guess maybe some of us in the bush administration can take a certain pleasure at the fact that in 2008 the favorability ratings for the united states for higher in four out of the five surveyed air countries. i'm not even going to bring that up. but i do think it's a big mistake and in my view during my short tenure as undersecretary is to disabuse that notion and rather to focus attention on what public diplomacy can do to achieve specific ends that are part of -- that are close in foreign policy and nationa
so heading now into another four years of the obama administration, where are we and why are we here? how to get somewhere else? how do we live up to that promise? what went wrong -- what's going right in what can we do about it going forward? >> simple. first of all, i don't thing that the favorability ratings -- there we go. so i don't think favorability rating in the pew surveys are evidence of whether were doing something wrong or right and i think it's a huge mistake for anybody who...
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Nov 20, 2012
11/12
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administration. what do you think he means by light footprint? >> all i can think of is he wants a heavy footprint. he wants to arm everybody. >> not leave iraq? >> not leave iraq. surge, surge worked in iraq. it didn't. a surge was going to work in afghanistan, he pushed for that. it didn't. you forgot about the surge we should have had in afghanistan after 9/11, as we went off into iraq. so it's this one size fits all, bomb, bomb, bomb, fill in the blank. so i guess obama has a light footprint, whatever that means, because he doesn't want to bomb everybody, arm everybody, and be a bull in the china shop in the middle east. >> do you think that -- even if they are coming from this place that i think you and i agree on is frustrating in terms of john mccain's prom nance on this subject. if the president wants to nominate susan rice for secretary of state, should they be taking the john mccain e threats seriously? do you think he could stop it? >> i don't think he could stop it. i don't think they sho
administration. what do you think he means by light footprint? >> all i can think of is he wants a heavy footprint. he wants to arm everybody. >> not leave iraq? >> not leave iraq. surge, surge worked in iraq. it didn't. a surge was going to work in afghanistan, he pushed for that. it didn't. you forgot about the surge we should have had in afghanistan after 9/11, as we went off into iraq. so it's this one size fits all, bomb, bomb, bomb, fill in the blank. so i guess obama...
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Nov 16, 2012
11/12
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the region will continue to be a priority for the obama administration. thank you for your patience and allowing me to give you this laydown and preview of the trip. i will be happy to take a few of your questions. thank you, everybody. >> we will take a few questions. there are microphones. identify yourself and ask your question. dr. henry, is there anything you'd like to start with? >> i pay him so i get to ask the first question. thank you very much. it is interesting. i do want to go back to this fourth bullet. you talk about a framework that engages in a constructive way. that becomes the central question. our impulse is to see dark motives behind each other's actions. domestically we are pressured to get it done. to have a constructive relationship, we have to design one that does not look to our friends and allies in southeast asia that we are cutting a deal behind their back. what do you think will be the elements of a constructive framework that would reassure china that we recognize their role as a superpower in the region but does look like we
the region will continue to be a priority for the obama administration. thank you for your patience and allowing me to give you this laydown and preview of the trip. i will be happy to take a few of your questions. thank you, everybody. >> we will take a few questions. there are microphones. identify yourself and ask your question. dr. henry, is there anything you'd like to start with? >> i pay him so i get to ask the first question. thank you very much. it is interesting. i do want...
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Nov 15, 2012
11/12
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FOXNEWSW
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did the obama administration spend yuyour tax money not just on health services, but p.r. to convince that you should you love obamacare? a house committee wants to know. they subpoenaed hhs committee chair kathleen sebelius. we have a panel here to discuss it. rick, what does the hill want? >> the hill wants to know what kathleen sebelius was spenning mono, and whether there was money proanted for hhs publicity, directed to improve the standing of the obama health care law. if it was spent on those purposes, it wasn't really doing its job. the obamacare is not nearly as possible as the administration wanted. i would also say, look, it is the law of land. as a political matter, this is a very legitimate inquiry, but have you more and more republicans saying, it's time to move on. i don't see this as a fruitful area to go through the things that happened in the last term. it is the law of the land. there is no point it try to repeal it as this jumpghture, right now. i don't know whati are going to accomplish. >> greta: apparently, gawp, correct me if i am wrong, one of the
did the obama administration spend yuyour tax money not just on health services, but p.r. to convince that you should you love obamacare? a house committee wants to know. they subpoenaed hhs committee chair kathleen sebelius. we have a panel here to discuss it. rick, what does the hill want? >> the hill wants to know what kathleen sebelius was spenning mono, and whether there was money proanted for hhs publicity, directed to improve the standing of the obama health care law. if it was...
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Nov 16, 2012
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but the obama administration lined up with the israelis. state department spokesman mark toner said the u.s. believes israel has the right to defend itself. >> our position is clear that there's no justification for the violence that hamas and other terrorist organizations are employing against israel. and the onus is on them to cease their rocket attacks so that this de-escalation can take place. >> suarez: earlier, i spoke with the israeli ambassador to the united states michael oren to discuss the latest developments. ambassador, what's the latest from tel aviv? where the strikes accurate? have missiles actually hit the city and is anyone snurt >> thankfully nobody was hurt. the rockets struck in the greater tel aviv area. the alarms went off. the sirens, prime minister netanyahu was in the city at the time to a bomb shelter and now this simply means that 4.5 million israelis-- over half the population of the state of israel-- has come under rocket fire from terrorists within gaza >> suarez: does this represent a significant of abilitys
but the obama administration lined up with the israelis. state department spokesman mark toner said the u.s. believes israel has the right to defend itself. >> our position is clear that there's no justification for the violence that hamas and other terrorist organizations are employing against israel. and the onus is on them to cease their rocket attacks so that this de-escalation can take place. >> suarez: earlier, i spoke with the israeli ambassador to the united states michael...
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Nov 17, 2012
11/12
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the message you hear from the obama administration is that moment is that coming back again. you have to pick your fights according to national interest. what's going to be fascinating in the b. of got into a discussion, a debate between the republican defense secretary and robert casey said there's no american national interest here in that group of people that the secretary clinton, susan rice and others that we have a responsibility to protect enough with the the argument going in. that argument remains unsettled in washington today and that is the doubt i think you're picking up on your question. >> i'll make several comments. i'm working backwards on yours, you know, i look at it this way. the united states has the capability in this period in time, but secondly it's the united states that has taken the responsibility and step forward. i can't come to another country but to take that responsibility. david is the approaches in dealing with responsibility and more cost effective ways. having said that, i would argue there is going to be a big debate over this issue because
the message you hear from the obama administration is that moment is that coming back again. you have to pick your fights according to national interest. what's going to be fascinating in the b. of got into a discussion, a debate between the republican defense secretary and robert casey said there's no american national interest here in that group of people that the secretary clinton, susan rice and others that we have a responsibility to protect enough with the the argument going in. that...
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Nov 13, 2012
11/12
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CNBC
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four more years of obama administration, people are looking down, it's going to be a tough way for the guys to make money going forward. >>> coming up next, lots of fear around the fiscal cliff. there might be one sweet side effect of the looming. a windfall. and we'll give you names to make the most of it. straight ahead. [ male announcer ] the markets keep moving. make sure the news keeps coming with thinkorswim by td ameritrade. use the news links breaking stories with possible breakout stocks, options with potential opportunity, futures and forex with in-depth analysis. it's an all-you-can-eat buffet for all things trading. thinkorswim by td ameritrade. it doesn't just deliver news. it's making news. trade commission free for 60 days, plus get up to $600 when you open an account. plus get up to $600 if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in
four more years of obama administration, people are looking down, it's going to be a tough way for the guys to make money going forward. >>> coming up next, lots of fear around the fiscal cliff. there might be one sweet side effect of the looming. a windfall. and we'll give you names to make the most of it. straight ahead. [ male announcer ] the markets keep moving. make sure the news keeps coming with thinkorswim by td ameritrade. use the news links breaking stories with possible...
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Nov 20, 2012
11/12
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CNNW
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the obama administration especially u.n. ambassador susan rice has taken a lot of heat over those talking points. rice used them as a basis for comments she made on sunday talk shows five days after the deadly attack. >>> indianapolis detectives say recent explosion at an area subdivision was no accident. this homicide investigation now is under way. two people were killed. seven others injured. back on november 10th in this blast that just leveled -- look at these pictures -- leveled several homes, damaged more than 30 others. investigators now are searching for a white van that was spotted in front of one of the homes shortly before the explosion. funeral services were held monday for the couple that was killed in the blast. >>> the ntsb will recreate that deadly collision between a parade float and a train today in an effort to understand how and why it happened. they'll stage a train and truck at the railroad crossing in midland, texas, to try to find out what could be seen when and where. investigators say the track's w
the obama administration especially u.n. ambassador susan rice has taken a lot of heat over those talking points. rice used them as a basis for comments she made on sunday talk shows five days after the deadly attack. >>> indianapolis detectives say recent explosion at an area subdivision was no accident. this homicide investigation now is under way. two people were killed. seven others injured. back on november 10th in this blast that just leveled -- look at these pictures -- leveled...
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Nov 20, 2012
11/12
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and other high-ranking administration and congressional officials seemed to hint to the media that a fiscal cliff deal would happen before the middle of or end of december, and thus risk assets took that as meaning that, really in the background, fiscal cliff negotiations are speeding up and are intensifying, and that we will have a solution. so monday's trade was really about a fiscal cliff solution. the dollar was lower, commodity prices were higher, and equities of course were higher as well. > > equities were much higher. how much of that has to do though with maybe some oversold conditions in the market? > > i think oversold conditions certainly are a part of it. the idea that the fiscal cliff will get resolved in short order is another part of it. and then third, yields on treasuries remain awfully paltry and small. you saw treasuries sell off during the course of monday. the treasury curse deepened. and really equities were the beneficiary of those capital flows as there was large asset allocation trade out of bond futures and into equity futures. > > you mentioned the dollar.
and other high-ranking administration and congressional officials seemed to hint to the media that a fiscal cliff deal would happen before the middle of or end of december, and thus risk assets took that as meaning that, really in the background, fiscal cliff negotiations are speeding up and are intensifying, and that we will have a solution. so monday's trade was really about a fiscal cliff solution. the dollar was lower, commodity prices were higher, and equities of course were higher as...
WHUT (Howard University Television)
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Nov 16, 2012
11/12
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administration. this is the trailer for the showtime mini series. >> history is exciting and i want to make it as exciting as a candy. we take a history subject to make not only dramatic, but we are compassionate. i always felt there was a disconnect about what is officially reported and what actually happened. this is the key to the whole series, find out how we got to where we are and who we are. it is great, great story. >> that was the trailer for the 10-part showtime series called, "the antal history of the united states." the first episode aired monday night and will let the air and the nights at 8:00 p.m., also available on demand. for more, oliver stone joins us and we're joined by peter kuznick his co-author peter. you've been working on this for years. why? >> from the 1940's, it was a big job, 4.5 years come off and on, i did three feature films and to documentary's during that time, but peter was on -- we started in 2008 and it has been 4.5. i recently discussed wallace and the bomb when
administration. this is the trailer for the showtime mini series. >> history is exciting and i want to make it as exciting as a candy. we take a history subject to make not only dramatic, but we are compassionate. i always felt there was a disconnect about what is officially reported and what actually happened. this is the key to the whole series, find out how we got to where we are and who we are. it is great, great story. >> that was the trailer for the 10-part showtime series...
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Nov 18, 2012
11/12
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but the senator is not backing off of the overall criticism of the obama administration on foreign policy. and the response to events in libya leading up to the deadly attack in benghazi. let's bring in bill schneider, political analyst and distinguished fellow and third way and the "chicago sun-times" washington bureau chief, lynn sweet. bill, we'll start with you, you heard senator mccain, if hillary clinton leads the state department do you think that susan rice has a better chance at the job, especially after we heard on friday from senators conrad and feinstein, saying that rice was really only saying what she was told she could say from the c.i.a.? >> that's right. she appears to have followed talking points from the c.i.a., which were wrong. the talking points said that what happened in libya, that terrible tragedy was a spontaneous protest, hked by extremists. the problem was the information was incorrect. it was actually a premeditated terrorist attack. as the c.i.a. now acknowledges. that's an issue, it should be debated and fully discussed. i don't know that it is so terribly d
but the senator is not backing off of the overall criticism of the obama administration on foreign policy. and the response to events in libya leading up to the deadly attack in benghazi. let's bring in bill schneider, political analyst and distinguished fellow and third way and the "chicago sun-times" washington bureau chief, lynn sweet. bill, we'll start with you, you heard senator mccain, if hillary clinton leads the state department do you think that susan rice has a better chance...
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Nov 15, 2012
11/12
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the rate test high profile member of the obama administration who has agreed to [ female announcer ] welcome one and all to a tastier festive feast. so much to sip and savor, a feeding frenzy to say the least. a turkey from safeway will have everyone raving. there's fresh, natural, frozen, whatever you're craving. spend 25 dollars and a frozen safeway turkey is 59 cents a pound. or spend 25 dollars and get a fresh safeway select turkey for 99 cents a pound. so raise your glass, pull up a chair, grab a plate. this tastier thanksgiving is well worth the wait. safeway. ingredients for life. i. >>> china the new political leaders to the world today. there they are, the 7 leaders appearing on stage. he is considered more open to the outside world than his predecessor, he has a daughter who is studying at harvard university. >>> this morning, the israeli army says a rocket fired from gaza hit the outskirts of tel aviv. that is the farthest the gaza militants have attacked in the past two days of fighting. israel has launched more than 50 air strikes on the gaza strip, killing at least 10 p
the rate test high profile member of the obama administration who has agreed to [ female announcer ] welcome one and all to a tastier festive feast. so much to sip and savor, a feeding frenzy to say the least. a turkey from safeway will have everyone raving. there's fresh, natural, frozen, whatever you're craving. spend 25 dollars and a frozen safeway turkey is 59 cents a pound. or spend 25 dollars and get a fresh safeway select turkey for 99 cents a pound. so raise your glass, pull up a chair,...
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Nov 13, 2012
11/12
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CSPAN
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and the obama administration's policy has been relatively consistent. there's certainly a fear of nuclear exploration. there's been shakeups in the north korea military now. wlorn that's an internal power strug, we don't know. "foreign policy" has done some reporting on this, where one of the generals was purged an perhaps killed by mortar fire. in terms of six-party talks, those are ♪ been ongoing for a long time. perhaps that's something obama will bring to the table on his asia trip but there is, i think, a consistent policy that we want to prevent nuclear escalation in the region. i think it is true for all sides. obviously japan, south korea, china all figure into this, russia to some degree as well. we don't know about the new leader and his policies going forward. i think to suggest he would be a reformer and sort of a new voice for the north korea with -- korean people unlike his father, it's too early to say. host: from palm beach, florida. john. you're breaking up there. are you still with us? i think we have to move on. maybe ugh call back
and the obama administration's policy has been relatively consistent. there's certainly a fear of nuclear exploration. there's been shakeups in the north korea military now. wlorn that's an internal power strug, we don't know. "foreign policy" has done some reporting on this, where one of the generals was purged an perhaps killed by mortar fire. in terms of six-party talks, those are ♪ been ongoing for a long time. perhaps that's something obama will bring to the table on his asia...
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Nov 15, 2012
11/12
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our national debt through the bush and obama administrations, our debt went up over $4 trillion just because of these wars that are totally senseless. the loss of life. now there are talking about, what are we going to go in -- we are so much involved with libya. look at what is happening with libya. it want to go to war against iran. i would say, that is the place to have big cuts. we all ought to agree on doing that. i want to raise -- i would not raise taxes. we need to cut spending. if you raise taxes, you're going to have a weaker economy. some of the tax cuts, even for the middle-class occurred for the bush administration. you do not want to raise taxes on the middle class. it will not be enough money. i think you have touched on something. i think we need to deal with the military. we cannot do that unless we change the foreign policy. we are not the world policeman getting involved with all of these countries. i think the american people ought to agree on that issue more readily than anything else. i do not see why we should talk about cutting health care for children or for
our national debt through the bush and obama administrations, our debt went up over $4 trillion just because of these wars that are totally senseless. the loss of life. now there are talking about, what are we going to go in -- we are so much involved with libya. look at what is happening with libya. it want to go to war against iran. i would say, that is the place to have big cuts. we all ought to agree on doing that. i want to raise -- i would not raise taxes. we need to cut spending. if you...
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Nov 13, 2012
11/12
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CSPAN
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that is one of the problems that the obama administration has had. to use a term not in a derogatory sense because it came from a democrat, he said the president is just a drive-by senator. stock long enough to pick up his -- stopped long enough to pick up his paycheck, and then became president. biden was in the senate for 36 years, and they did not have a congressional relations team that had the institutional memory that was needed. now they have been forced to get institutional memory by all the start tissue they have acquired over the last while. >> great. i would like to go over audience questions now. >> thank you so much for a great presentation. i wondered how hurricane sandy and a possible need for feed it to get some embassies supplemental funding would impact the leg up, and if you talk about that and if you think the cr that goes through march will be folded into that the keep us through the end of the year? >> i will talk about that because i was the incorporator. the preparations process has not only broken down, it has been shut down,
that is one of the problems that the obama administration has had. to use a term not in a derogatory sense because it came from a democrat, he said the president is just a drive-by senator. stock long enough to pick up his -- stopped long enough to pick up his paycheck, and then became president. biden was in the senate for 36 years, and they did not have a congressional relations team that had the institutional memory that was needed. now they have been forced to get institutional memory by...
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Nov 16, 2012
11/12
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CURRENT
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i don't think the obama administration wants to do that. >> you've been investigating bp and this story for several years. how have they been to deal with? have they been honest and transparent? have they been withholding things? >> a lot of times they don't really comment. they simply put out a press release and that's it. in individual cases if there's some instance where they feel like they need to respond they'll answer questions. reporters down at the new orleans times have done great work covering things and i think they probably have a better relationship with bp there. but in london, they're kind of insulated. so i guess overall that you know, they would put their money into the ad campaigns to change their image that way and you probably saw during the olympics there were a lot of ads and sponsorships by bp. that's their effort to bounce back from this. >> mike magner, "national journal" energy and environment managing editor and he's got this great book called "poisoned legacy" folks, if you want a compelling read about the bp oil spill and the company's record on some other i
i don't think the obama administration wants to do that. >> you've been investigating bp and this story for several years. how have they been to deal with? have they been honest and transparent? have they been withholding things? >> a lot of times they don't really comment. they simply put out a press release and that's it. in individual cases if there's some instance where they feel like they need to respond they'll answer questions. reporters down at the new orleans times have...
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Nov 16, 2012
11/12
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they believe the obama administration should have known right away. this is not a spontaneous attack, not part of the protest, for example. they want to understand who knew what when. what does the president know about the attack? what is his national security team now? now they want to know who knew about the securities and the lead up to the attack because there were people in tripoli and libya saying that there wasn't enough security concerns because of the things going on in libya. >> mccain, graham and india yesterday made remarks about u.n. ambassador susan rice. what did they say in what is it mean in context context of the benghazi attacks? >> well, basically what they said is they don't trust her. they said she should have known better that you say five days after the attack but it looks to be a spontaneous response to anti-muslim video. they said she should have known that it is clear, that there is organized element that looks like a terrorist attack in the she served as fondness for obama's political gain to defend the white house. of cour
they believe the obama administration should have known right away. this is not a spontaneous attack, not part of the protest, for example. they want to understand who knew what when. what does the president know about the attack? what is his national security team now? now they want to know who knew about the securities and the lead up to the attack because there were people in tripoli and libya saying that there wasn't enough security concerns because of the things going on in libya. >>...
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Nov 16, 2012
11/12
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CSPAN2
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hamburg, you are being picked on because you're part of the obama administration, and republicans have been picking on obama for four years. and usually their mantra goes jobs, destroying regulation, let industry police itself, we don't want government involved. now they are saying we want more government involvement. and i think they are right. with one appropriate government involvement to stop these things from happening. so, you would think that our obligation would be to figure out, he had the authority? i respect that chairman greatly but i've never understood him to be a great legal scholar. seems to be there's some ambiguity. if there's an ambiguity it's our job to clear it up. you think there's an ambiguity because the law we drafted in 1997 said one thing and the court came in and said something else. you don't know what you can add, what do you can't act. if want to make you act in the future, other than just to beat you up do not i can, we got to make sure you have all of the authority appropriate to act. courts have thrown out part of that 1997 law. the courts themselves d
hamburg, you are being picked on because you're part of the obama administration, and republicans have been picking on obama for four years. and usually their mantra goes jobs, destroying regulation, let industry police itself, we don't want government involved. now they are saying we want more government involvement. and i think they are right. with one appropriate government involvement to stop these things from happening. so, you would think that our obligation would be to figure out, he had...
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Nov 16, 2012
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CNBC
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obama administration is planning to take steps to fill the capital hole to help avoid the need for taxpayer bailout, department of housing and urban development says independent audit found the fha's capital reserves had fallen into negative territory. hud plans to outline measures to shore up the pha which insures one out of every three u.s. mortgages. and dell continues to struggle with a shift from pcs to tablets. sales to consumers dropped by nearly a quarter. dell is projecting another decline in its first quarter. and apple lost almost 20% in the last month alone. is it lack of buyers or disappointment? more information at cnbc.com. and we've asked you where you think apple stock is headed now and whether it's a buying opportunity. jeff tweets in to say he's unsure whether it's a buying opportunity. it's lacking a jobs like new market moving product. disagree us @cnbcwex. #. >>> a pair of notable earnings on the calendar. foot locker and jm schmucker. president obama will also begin budget talks with top lawmakers in hopes of reaching a deal to avoid the fiscal cliff. he meets with ha
obama administration is planning to take steps to fill the capital hole to help avoid the need for taxpayer bailout, department of housing and urban development says independent audit found the fha's capital reserves had fallen into negative territory. hud plans to outline measures to shore up the pha which insures one out of every three u.s. mortgages. and dell continues to struggle with a shift from pcs to tablets. sales to consumers dropped by nearly a quarter. dell is projecting another...
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Nov 15, 2012
11/12
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i want to commend those who have worked together on this and the obama administration for their continuing efforts to open up trade opportunities so that we can make it here and sell it everywhere, which is, i think, should be our focus. in addition to that, i think it shows how over time old wounds can be healed and new relationships can be built. i spoke earlier today with the consulate general for the state of israel in philadelphia offering my support and concern for the unfortunate circumstances that are taking place in the middle east now in which hundreds of bombs have -- rockets have been shot at israel. some of its largest cities as the targets. and this is a matter in which obviously much high levels in our government, there have been communications and the assurance that israel has the right to defend itself. but i think that we can see in this russia trade agreement that if we can get to the point where there can be relationships that are built on self-interest and economic development, that we can put the weapons aside and move towards a circumstance in which people are focuse
i want to commend those who have worked together on this and the obama administration for their continuing efforts to open up trade opportunities so that we can make it here and sell it everywhere, which is, i think, should be our focus. in addition to that, i think it shows how over time old wounds can be healed and new relationships can be built. i spoke earlier today with the consulate general for the state of israel in philadelphia offering my support and concern for the unfortunate...
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Nov 15, 2012
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our national debt through the bush and obama administrations, our debt went up over $4 trillion just because of these wars that are totally senseless. the loss of life. now they are talking about when are we going to go in? we are involved in libya. look at what is happening with libya. iraq is a mess. it want to go to war against iran. they are trying to get us involved in syria. i would say, that is the place to have big cuts. we all ought to agree on doing that. i would not raise taxes. that isn't the problem. we need to cut the spending. if you raise taxes, you're going to have a weaker economy. some of the tax cuts, even for the middle class occurred with the bush administration. you do not want to raise taxes on the middle class. say, no, just do it on the rich. it will not be enough money. i think you have touched on something. i think we need to deal with the military. we can't do that unless we change our foreign policy and not assume the role as the world policeman and getting involved in all these countries. i would think the american people ought to agree on that issue mo
our national debt through the bush and obama administrations, our debt went up over $4 trillion just because of these wars that are totally senseless. the loss of life. now they are talking about when are we going to go in? we are involved in libya. look at what is happening with libya. iraq is a mess. it want to go to war against iran. they are trying to get us involved in syria. i would say, that is the place to have big cuts. we all ought to agree on doing that. i would not raise taxes. that...
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Nov 16, 2012
11/12
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walker has now told the obama administration as of today that wisconsin will throw up its hands, basically and leave that responsibility of organizing those exchanges to the federal government. his decision really not unexpected given his long opposition to this law. he stopped implementation last year on the hopes that the law would be overturned either by the u.s. supreme court or by republicans following the november election, but that was not to be, so now scott walker says that he will not take any responsibility for that. that will go back to the federal government. bill: sandy was so devastating as we know. we are learning that houses of war sheurp eve worship are struggling to help themselvesment lauren green is live. what did you find out. >> houses of worships are supposed to be sanctuaries for the broken hearted. countless are in great need of healing themselves. the repair work has done in bay head, new jersey but the road ahead is hrofpblgt the historic structure was built in the late 1800s and designed by boat builders but was never meant to withstand the urge of dirty bay wa
walker has now told the obama administration as of today that wisconsin will throw up its hands, basically and leave that responsibility of organizing those exchanges to the federal government. his decision really not unexpected given his long opposition to this law. he stopped implementation last year on the hopes that the law would be overturned either by the u.s. supreme court or by republicans following the november election, but that was not to be, so now scott walker says that he will not...
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Nov 19, 2012
11/12
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. >> the obama's administration to choose southeast asia as the president's first foreign trip since winning re-election was greeted by some with surprise. after all, there are far bigger economies in asia that warrant his attention. the strategic importance of southeast asia in the region is in full focus with u.s. president obama's visit to myanmar and hk's visit out here to singapore. >> it's part of a region where progress has been slowed by insecurity and mistrust. but it doesn't have to be that way. as burma opens up and establishes new ties, it could become a commercial hub linking markets in india and bangladesh with southeast asia. >> analysts say china will be paying close attention to this visit highlighting the delicate struggle for power being played out in this region. >> all we would have to do is add vietnam and it would be a very clear signal about china improving relations with allies. certainly it's going to be some that china will be paying close attention to. >> pepsi, coca-cola and ge have already begun to invest p about. >> ge is very excited about myanmar. we'
. >> the obama's administration to choose southeast asia as the president's first foreign trip since winning re-election was greeted by some with surprise. after all, there are far bigger economies in asia that warrant his attention. the strategic importance of southeast asia in the region is in full focus with u.s. president obama's visit to myanmar and hk's visit out here to singapore. >> it's part of a region where progress has been slowed by insecurity and mistrust. but it...
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Nov 20, 2012
11/12
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administration and the congressional republicans. the dow had its best day since early september. it climbed 207 points. >>> to use a phrase from monte python, hostess is not dead yet. hostess, the second largest union will open court ordered mediation today. if the maker of twinkies and tasty treats can't be cut, a liquidation hearing will resume tomorrow. grab your ding dongs, keep your fingers crossed, king dongs, ding dongs. >> king dongs, something you made up. >> i heard of ding dong. >> don't know where the king dong came from. if you have ever heard of a king don put it on face book, tweet us proof. >> send us one. >> i have never heard of that. here is your tuesday forecast, everybody. still stormy in the northwest with downpours in washington, oregon, northern california. heavy snow in the cascades and olympic mountains. blizzard warnings in the northern rockies. 20 degrees warmer than normal from denver to dallas and detroit. some showers in south florida. >> you are going to see 70s from dallas to miami. 50s in the northw
administration and the congressional republicans. the dow had its best day since early september. it climbed 207 points. >>> to use a phrase from monte python, hostess is not dead yet. hostess, the second largest union will open court ordered mediation today. if the maker of twinkies and tasty treats can't be cut, a liquidation hearing will resume tomorrow. grab your ding dongs, keep your fingers crossed, king dongs, ding dongs. >> king dongs, something you made up. >> i...
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Nov 17, 2012
11/12
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we're putting in focus this morning as lawmakers try to figure out what the obama administration knew when. the administration came under fire in the immediate days after the attack for blaming it on that anti-islam video. we've since learned that it was an act of terrorism, but what are the reasonable expectations of fast intel in a case like this retired brigadier general mark kimmet joins me now from washington. we live in a society, general, where we're used to getting information instantly, has twitter, facebook, pdas spoiled us that even when information on a national security issue is incomplete or delayed? i mean, there is an uproar. >> well, there may be that expectation, and i think the government needs to be very, very careful as we've seen in this incident of getting out in front of the story, getting out in front of the facts there. has to be some wisdom and maturity before you make pronouncements of national security importance before all the facts are known. >> but in terms of pressure, i mean, what kind of pressure is put on washington for some quick answers? >> well,
we're putting in focus this morning as lawmakers try to figure out what the obama administration knew when. the administration came under fire in the immediate days after the attack for blaming it on that anti-islam video. we've since learned that it was an act of terrorism, but what are the reasonable expectations of fast intel in a case like this retired brigadier general mark kimmet joins me now from washington. we live in a society, general, where we're used to getting information...
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Nov 16, 2012
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certainly some in the obama administration and many republicans for a long time have been interested in a v.a.t. as a way of taxing consumption rather than savings and investment and earnings. as a way -- as part of the rebalancing of the economy that the president himself supports of trying to invest -- save, invest, develop our productive capacity. i don't think -- the problem with the administration has been thorough going tax reform including something like a v.a.t., including something like a carbon tax for example which would achieve some of his energy goal simply not possible. you can't do it in a short time frame. so i think there are practical questions to that. but i don't think there's a principal objection to it if you somehow combined it with the existing system that in a way that reserved the distribution of the tax burden. he doesn't want to go backward on progressivity. and i think if you can meet those tests, that's part of help saying he's open to it. they've always been skeptical that you can did all these things. spi entitlement reform, deficit reduction and tax r
certainly some in the obama administration and many republicans for a long time have been interested in a v.a.t. as a way of taxing consumption rather than savings and investment and earnings. as a way -- as part of the rebalancing of the economy that the president himself supports of trying to invest -- save, invest, develop our productive capacity. i don't think -- the problem with the administration has been thorough going tax reform including something like a v.a.t., including something...
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Nov 20, 2012
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. ♪ jon: a possible ceasefire just hours away now, or so we hope, as the obama administration jumps into the middle east dispatching america's top diplomat to the region. welcome to the second hour of "happening now," i'm jon scott. jenna: and looking over at the wise, reuters are saying egyptian officials say the gaza truce talks continue, but their hopeful. that's the way we have to peg some of this news -- jon: let's hope that's a good sign. jenna: hi, everybody, i'm jenna lee, and egypt announces that hamas has agreed to a ceasefire starting just a few hours from now at midnight local time. obviously, they're still trying to work out things. we don't have anything official yet. washington is hoping for an agreement that will protect israel's security and also allow for regional stability. secretary of state hillary clinton is expected to arrive >> reporter: and from the egyptian side that hamas had agreed to a ceasefire which would come into effect in about five hours' time. most likely they're going to try and wait until secretary of state hillary clinton arrives. she is enroute. it
. ♪ jon: a possible ceasefire just hours away now, or so we hope, as the obama administration jumps into the middle east dispatching america's top diplomat to the region. welcome to the second hour of "happening now," i'm jon scott. jenna: and looking over at the wise, reuters are saying egyptian officials say the gaza truce talks continue, but their hopeful. that's the way we have to peg some of this news -- jon: let's hope that's a good sign. jenna: hi, everybody, i'm jenna lee,...
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Nov 15, 2012
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i think one of the differences between the bush administration and the obama administration is that we believed, and a big many of us continue to believe, that this is a long war not against al qaeda. al qaeda is one manifestation but against a particular ideology. so our national security goals were, one, keep america safe, too, help promote freedom around the world. and those two things are linked because we believe they were linked. free countries are less likely to make were on their neighbors. so i think that to me the grand strategic goal of public diplomacy is the same as the grand strategic goal of foreign policy and national security policy, which is to achieve those two goals. and i think you never ever want to forget that those are the goals that need to be achieved. and public diplomacy's role in that i think does, in fact, revolve around the ideological part. and it is, not to quote myself, i hate to do that, but i can't say it any better. [laughter] >> a great man once said. >> the aim must be to ensure that negative sentiments and day-to-day grievances toward the united
i think one of the differences between the bush administration and the obama administration is that we believed, and a big many of us continue to believe, that this is a long war not against al qaeda. al qaeda is one manifestation but against a particular ideology. so our national security goals were, one, keep america safe, too, help promote freedom around the world. and those two things are linked because we believe they were linked. free countries are less likely to make were on their...
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Nov 12, 2012
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. >> do you think the obama administration will be emboldened to actually do something on the trade front only because they haven't -- during the election, that was not part of their argument, whereas becky was saying, romney was pushing the china issue on other things, as well. >> romney had harder rhetoric, but obama shifted in the middle of his term. he started out very soft on china, trying to be friendly, and china gave him nothing. so about halfway through his term, they started doing a lot stronger trade actions, filing some wto cases. and i think you'll see more and more of that. the u.s. chamber, everybody in washington is kind of geared up. >> what about all the corruption reports in china. >> it's very serious. because it used to be don't ask don't tell, you can gather assets, but don't be it too public about it. >> will it have an impact on the leadership today? >> yes. these guys are under a rock right now. this information is getting out. the party has to regain credibility with the people right now. the people are pretty fed up despite -- what's fun any abony china, all the
. >> do you think the obama administration will be emboldened to actually do something on the trade front only because they haven't -- during the election, that was not part of their argument, whereas becky was saying, romney was pushing the china issue on other things, as well. >> romney had harder rhetoric, but obama shifted in the middle of his term. he started out very soft on china, trying to be friendly, and china gave him nothing. so about halfway through his term, they...
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Nov 13, 2012
11/12
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military and the obama administration is expected to address it. white house press secretary jay carney scheduled to begin the briefing at the white house in moments. as soon as it starts we'll bring it to you live. [ male announcer ] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood mo
military and the obama administration is expected to address it. white house press secretary jay carney scheduled to begin the briefing at the white house in moments. as soon as it starts we'll bring it to you live. [ male announcer ] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think...
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Nov 19, 2012
11/12
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i think the obama administration has received very little credit for getting responsible people who were open-minded, who were willing to have conversations with us and realize a couple of adjectives in one rule of regulation can change people's lives. forever, and for a generation of lgbt people. across the administration, think they're going to be demands not only for big bills but also for continuing agency work with one of the shout outs to you. not very, although you think it is. [laughter] at the end of the second obama administration, or families are are -- across all of the agencies that will change our ability to access resources. it will end discrimination in so many different ways than we can do for any piece of legislation and i think we have to make sure we don't lose sight of those. >> another big thing in terms of some of the regulatory changes have been the impact of the gender community which is very difficult to get attention and a legislative and quite frankly in a judicial framework. and you know, the ability to get a passport becomes very basic thing. to your point,
i think the obama administration has received very little credit for getting responsible people who were open-minded, who were willing to have conversations with us and realize a couple of adjectives in one rule of regulation can change people's lives. forever, and for a generation of lgbt people. across the administration, think they're going to be demands not only for big bills but also for continuing agency work with one of the shout outs to you. not very, although you think it is....
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Nov 16, 2012
11/12
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the obama administration has received little credit for imbedding thoughtful people who are open-minded who are willing to have conversations with us and realize one row can change people's lives. d for a generation of the lgbt people. data collection is not very sexy although you think it is. [laughter] at the end of the second obama administration, our families are counted across of the agencies. it will change our ability to access resources, end discrimination in so many different ways. we have to make sure we do not lose sight of this. >> another big thing in terms of some of the regulatory changes have been the impact on the trend gender community. the ability to get a pact for these basic things there has been some -- there have been minor tweaking of regulations and good inside people who knew how to do that. it has made a big difference in people's lives. >> of us talk about the president. and you expect in a second termnasecondn brought up the executive order. what do you -- did he sign that already? what is the white house telling about one that will happen? he could do the r
the obama administration has received little credit for imbedding thoughtful people who are open-minded who are willing to have conversations with us and realize one row can change people's lives. d for a generation of the lgbt people. data collection is not very sexy although you think it is. [laughter] at the end of the second obama administration, our families are counted across of the agencies. it will change our ability to access resources, end discrimination in so many different ways. we...
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Nov 12, 2012
11/12
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CNN
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administration looking to leave for the second term. secretary of state lilg healthing hillary rodham clinton and leon panetta both expected to depart. likewise, the president might have to find replacement for treasury secretary timothy geithner and attorney general eric holder if they decide that they, too, would like to leave. toipt bring in our white house correspondent briana keiller to talk about just more on the president's plate here. how does this add to what he needs to get done starting in the next year? >> it really adds to it. i mean, you've got this issue, obviously, that comes after any re-election. the turnover of the cabinet, suzanne, but just think of the big plate that this is being added to. first offer, the fiscal cliff. that is obviously the biggest issue that president obama has to deal with. you're looking at tax cuts that expire at the very end of december, and then those spending cuts that are set to kick in on january 2nd. as he works, obviously, figuring out the new faces on his cabinet. he has his anything r
administration looking to leave for the second term. secretary of state lilg healthing hillary rodham clinton and leon panetta both expected to depart. likewise, the president might have to find replacement for treasury secretary timothy geithner and attorney general eric holder if they decide that they, too, would like to leave. toipt bring in our white house correspondent briana keiller to talk about just more on the president's plate here. how does this add to what he needs to get done...
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Nov 17, 2012
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let's start by understanding the so-called war on called it the republicans accuse the obama administration of we is fairly fictitious. for the past several decades, even as coal production was increasing to record levels, because of increased mechanization, replacement of underground mining, and now mountaintop removal that destroys the entire mountains and ecosystems in west virginia and other parts of appalachia, using fewer and fewer workers to do that. the corporations, the fossil fuel companies that have an addiction to fossil-based fuels are the ones destroying the jobs of workers, but we need to find ways to transition the workers into new, productive jobs, better sustainable, and are building the clean energy economy for this country. the other part of this question about antiquated building codes and other restrictions, the caller is right. it is medieval bad -- that homeowners are restricted from putting solar panels on their houses that would be part of a transition. it is simply medieval -- similarly medieval that a company has not been able to build the first large-scale offsh
let's start by understanding the so-called war on called it the republicans accuse the obama administration of we is fairly fictitious. for the past several decades, even as coal production was increasing to record levels, because of increased mechanization, replacement of underground mining, and now mountaintop removal that destroys the entire mountains and ecosystems in west virginia and other parts of appalachia, using fewer and fewer workers to do that. the corporations, the fossil fuel...
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Nov 19, 2012
11/12
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the obama administration had a special envoy, the foremaner senator george mitchell, but he gave up his efforts about a year and a half or so ago, and there's been no u.s. serious -- no u.s. mediation since then, but i think with a new secretary of state and new administration, the president just re-elected there will be an intensified u.s. effort underway fairly soon. let's see if there's a cease-fire first. >> yeah, wolf, we had a chance to talk to george mitchell last week about some of his efforts in that area. what do you think? does tony blair think this new egyptian president of the muslim brotherhood, mohammed morsi will be somebody who really wants to create peace there, because we know he has a very different relationship with hamas than the former egyptian president. >> right. he is much more different than former president hosnni mubarak. he has a lot at stake right now, and he knows it, president mor of egypt. he is trying to improve his country, and he knows if egypt, for example, were to sever its peace treaty, that was seriously rupture the entire egyptian relationship w
the obama administration had a special envoy, the foremaner senator george mitchell, but he gave up his efforts about a year and a half or so ago, and there's been no u.s. serious -- no u.s. mediation since then, but i think with a new secretary of state and new administration, the president just re-elected there will be an intensified u.s. effort underway fairly soon. let's see if there's a cease-fire first. >> yeah, wolf, we had a chance to talk to george mitchell last week about some...
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Nov 15, 2012
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republicans, they stepped up their criticism of the obama administration after the president's strong defense yesterday of u.n. ambassador suzanne rice. rice originally said the attack resulted from protests over an anti-islamic video. while some democrats defended rice today, one congressman called the president a liar. >> what is clear is that this administration, including the president himself, has intentionally misinformed, lied to the american people in the aftermath of this tragedy. >> information that rice received, she cede from the administration, and that information is what she knew at that time. whether or not she knew other information and whether or not she told the truth, that is not an issue here. >> the fact is without iffing gu intoou all the details, documents received so that in 24 hours of the attack people m intelligence community believe that this was a terrorist attack, there was a planned attack, and so when they knew that the day after, which would have been september 12th, why on september 14th was general petraeus saying it was not a terrorist attack. why
republicans, they stepped up their criticism of the obama administration after the president's strong defense yesterday of u.n. ambassador suzanne rice. rice originally said the attack resulted from protests over an anti-islamic video. while some democrats defended rice today, one congressman called the president a liar. >> what is clear is that this administration, including the president himself, has intentionally misinformed, lied to the american people in the aftermath of this...
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Nov 14, 2012
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administration, if he might be a little more free to talk about what he really knows about what happened in libya? >> i think it's a great point but know, rick, that would be even worse because it would suggest that he did sort of cave to pressure in the previous testimony. so, if he does anything to change any of it, i think that, that it becomes that much more serious. quite frankly i think it becomes sort of indefensible for the intelligence committee to protect, you know, the intelligence community from that sort of scrutiny and from making this stuff public. i just, i can not understand what the justification would be for them to not let this stuff become public just because of the soap opera angle to all of it. rick: charlie hirt, columnist with the "washington times." charlie, thanks so much. >> thanks, rick. jenna: this just in. lawmakers hearing testimony now on capitol hill trying to get to the bottom of that deadly meningitis outbreak we've been talking so much about that was linked to contaminated steroid shots from a massachusetts pharmacy. those shots and what was inside th
administration, if he might be a little more free to talk about what he really knows about what happened in libya? >> i think it's a great point but know, rick, that would be even worse because it would suggest that he did sort of cave to pressure in the previous testimony. so, if he does anything to change any of it, i think that, that it becomes that much more serious. quite frankly i think it becomes sort of indefensible for the intelligence committee to protect, you know, the...
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Nov 15, 2012
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administration's response to it. they also said they would try to block any attempt to nominate susan rice as the next secretary of state, describing her as unqualified for the job after she originally characterized the terror attack as a protest gone wrong. she went on the sunday shows including "meet the press" a couple days after the attack and said that. president obama in his news conference yesterday fired back at senators mccain and graham. >> let me say specifically about susan rice, she has done exemplary work. she has represented the united states and our interests in the united nations with skill and professionalism and toughness and grace. if senator mccain and senator graham and others want to go after somebody, they should go after me. and i'm happy to have that discussion with them. but for them to go after the u.n. ambassador who had nothing to do with benghazi and was simply making a presentation based on intelligence that she had received and to besmirch her reputation is outrageous. >> those republ
administration's response to it. they also said they would try to block any attempt to nominate susan rice as the next secretary of state, describing her as unqualified for the job after she originally characterized the terror attack as a protest gone wrong. she went on the sunday shows including "meet the press" a couple days after the attack and said that. president obama in his news conference yesterday fired back at senators mccain and graham. >> let me say specifically...
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Nov 15, 2012
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the next four years as it relates to the obama administration is not positive for stocks. they don't want to say it. they don't want to write it. but you can find it everywhere. the evidence is mounting all over the street that the last two weeks there is a massive outside allocation shift as a result of it. this is what i want to say. i find it very disturbing when people walk into this building, come on air, talk about the portfolios. if you're a loan only manager you have to try to find stocks that are working but, remember, there's nothing wrong with holding cash or saying it like you think it is. i want to point something out here. this is the wellington letter. he writes he's been doing this for 35 years. this is what he said in the edition that came out yesterday. bat ten down the hatches. protect your assets, your business, your job. this is no longer a theoretical exercise. i want to tell you, carl, i find it disgusting that a lot of people are saying that to their clients and they're saying that across the board but they're not putting it in print. if you're sayi
the next four years as it relates to the obama administration is not positive for stocks. they don't want to say it. they don't want to write it. but you can find it everywhere. the evidence is mounting all over the street that the last two weeks there is a massive outside allocation shift as a result of it. this is what i want to say. i find it very disturbing when people walk into this building, come on air, talk about the portfolios. if you're a loan only manager you have to try to find...
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Nov 19, 2012
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in this state they ignored this attack by the obama administration on religious liberties, which obamacare and -- almost 80% of the catholics in this state voted for liberal democrats, abortion. guy think it was a big problem by the church not speaking out. they seem to be so afraid of lawyers and being sued that they were calworks -- were cowards, especially from the pulpits. they totally neglected it. i don't blame the republicans. i blame the catholic church. host: we are asking republicans only this morning to discuss the future of their party, basically because of all the voices that continued on the weekend, republican voices, leaders of the party talking about what mitt romney has said about why he lost and how to afford. rick santorum, a former pennsylvania senator, writes -- today."n "usa as for another republican voice, marco rubio. this is a store in "politico" this morning. -- a story. there's a little of what the senator had to say. [video clip] >> we start with a very simple motion. a way to turn our economy around is not by making rich people poor. it's by making poor people
in this state they ignored this attack by the obama administration on religious liberties, which obamacare and -- almost 80% of the catholics in this state voted for liberal democrats, abortion. guy think it was a big problem by the church not speaking out. they seem to be so afraid of lawyers and being sued that they were calworks -- were cowards, especially from the pulpits. they totally neglected it. i don't blame the republicans. i blame the catholic church. host: we are asking republicans...
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Nov 15, 2012
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administration still have the mandate. >> you're talking higher marginal rate ps p. >> yes. he doesn't believe there are not enough deductions. so many of the ceos that came out of that meeting seemed to be wink winwink, nod nod, says may he's not just talking 35%. deductions plus. >> i thought for sure raising the rate is on the table. that there will be no deal without raising the rate on the wealthy. >> the idea is raising the amount of taxes that wealthy pay and you can get there two different ways. one is by raising the marginal rate, one is raising the effective rate. >> but i don't. >> i've heard that as a way of stopping raising the rate. i don't think there's any discussion -- there will be no deal without eliminating the burke tax cuts on the wealthy. >> i think people are coming around to that view. >> but this is the republican view. >> but i'm saying -- >> if you listened to the president carefully last friday -- >> i'm not ed advocating either friday. >> the president last friday -- this is why i think people read too much into it. he never said 39.6. he never
administration still have the mandate. >> you're talking higher marginal rate ps p. >> yes. he doesn't believe there are not enough deductions. so many of the ceos that came out of that meeting seemed to be wink winwink, nod nod, says may he's not just talking 35%. deductions plus. >> i thought for sure raising the rate is on the table. that there will be no deal without raising the rate on the wealthy. >> the idea is raising the amount of taxes that wealthy pay and you...
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Nov 14, 2012
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among the corporate leaders, lloyd blankfein, in an op-ed, the goldman sachs ceo says the obama administration should model itself after the roosevelt administration, back to the great depression and world war ii. blankfein notes in the 19 there was, quote, extreme bitterness between the business community and the roosevelt administration, but two sides worked together and spurred an increase in industrial production that lifted the united states out of the great depression. blankfein also writes there's more than $1 trillion of cash sitting on the balance sheets of non-u.s. financial companies with certainty about tax rates, companies will increase their capital expenditures, currently at anemic levels. he goes on to add that broadening the personal income tax base by closing loopholes will generate substantial additional revenue while minimizing increases in marginal rates that could stifle risk taking and robust growth. blankfein also stresses the importance of restoring confidence in public finance by implementing spending cuts, entitlement reform, and revenue increases. in the meantime, r
among the corporate leaders, lloyd blankfein, in an op-ed, the goldman sachs ceo says the obama administration should model itself after the roosevelt administration, back to the great depression and world war ii. blankfein notes in the 19 there was, quote, extreme bitterness between the business community and the roosevelt administration, but two sides worked together and spurred an increase in industrial production that lifted the united states out of the great depression. blankfein also...
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Nov 12, 2012
11/12
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story coming from environment moves that have been made perhaps under the obama administration as the chief economist pointed out in a press conference at the eia. another factor that they are looking back in terms of the international energy trade is the direction where oil is going and we're going to see a lot more of oil going from the middle east to asia as the u.s. becomes less dependent on middle eastern oil. that's something that will change. we're also looking at what's happening in terms of the natural gas landscape and there again the international agency is saying that we will see the u.s. becoming self-sufficient by 2035 and reducing its dependence in terms of where it will get natural gas and in fact becoming a net exporter of natural gas by 2020. a lot of key revelations here from the international energy agency. some say it may be too bold a prediction but many analysts have said the u.s. will have to change in terms of the debate that's been going on about foreign oil particularly what we heard over the election cycle. the fact that we are looking at the u.s. becoming
story coming from environment moves that have been made perhaps under the obama administration as the chief economist pointed out in a press conference at the eia. another factor that they are looking back in terms of the international energy trade is the direction where oil is going and we're going to see a lot more of oil going from the middle east to asia as the u.s. becomes less dependent on middle eastern oil. that's something that will change. we're also looking at what's happening in...
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Nov 14, 2012
11/12
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the obama administration signaling that it is expanding the multi-year crackdown on bribes paid by u.s. companies to foreign officials under the foreign corrupt practices act and the administration out with new guidelines, 120 pages. the act that's been in place since the carter administration is too vague and putting u.s. companies at a competitive disadvantage. so now the department of justice and the securities exchange commission out with 120 pages of guidelines talking about what is a bribe, who is a foreign official. we've put all of these guidelines on our website. cnbc.com. you can read more about it. this is again something that business leaders have been clamoring for but they want changes in the law. we'll see if the guidelines are enough to ease their concerns. back to you. >> thank you very much, scott. let's get to it then. the clock is ticking in d.c. today on the fiscal cliff. 1:30 obama will hold his first news conference from the election. he's clearly not negotiating from the middle and ceos will trek in for their 3:00 meeting. names heading that way, the ceo of dow
the obama administration signaling that it is expanding the multi-year crackdown on bribes paid by u.s. companies to foreign officials under the foreign corrupt practices act and the administration out with new guidelines, 120 pages. the act that's been in place since the carter administration is too vague and putting u.s. companies at a competitive disadvantage. so now the department of justice and the securities exchange commission out with 120 pages of guidelines talking about what is a...
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Nov 19, 2012
11/12
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helpful to the obama administration. signed on to obama care. what happened with two of the biggest corporations in the country. too broad of a stroke. we're against regulations when, in fact, guys like me got elected because small business own eers would take me into the office and say look at the osha forms. look at all these other forms i have. and so you sit there and you paint a broad brush and you're giving breaks to the big banks on wall street to get corporate welfare and -- >> that's always the tension. the tension is individual people understand how awful it can be to be yoekd to regulations of no help to a business that grosses a million dollars a year and has five employees whereas those regulations are necessary to manage the conduct of a company with 100,000 employees that actually, you know, dumps polluted water. but they're laid out across american business and they don't have an equal impact. they impact those who can least afford to handle them and that's why regulation is a problem. it's less of a problem for big business just
helpful to the obama administration. signed on to obama care. what happened with two of the biggest corporations in the country. too broad of a stroke. we're against regulations when, in fact, guys like me got elected because small business own eers would take me into the office and say look at the osha forms. look at all these other forms i have. and so you sit there and you paint a broad brush and you're giving breaks to the big banks on wall street to get corporate welfare and -- >>...
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Nov 19, 2012
11/12
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very interesting that today, president obama says, you know, susan rice had nothing to do with benghazi, i don't know what she was doing on the show. >> didn't she make her safe key player or a person put up by the administration to launch the defense. she could have said, we believe there are a number of possible theories but she didn't take that option. >> she was a good soldier did what the administration told her to do. she read the talking points. she had more -- >> did she act in good faith, do you think? >> i can't get inside her brain. i don't -- i think that she was repeating the intelligence and what the white house told her to say. what she was saying is similar to what everyone in the white house and the state department was saying at the time. so, i don't think that she was doing anything other than what she had been instructed to same the big question not whether this was one of the prominent theories, it was all a spontaneous protest from the anti-muslim video, it was, obviously, one of the prominent theories but on september 14th, the white house briefing, i said to jay
very interesting that today, president obama says, you know, susan rice had nothing to do with benghazi, i don't know what she was doing on the show. >> didn't she make her safe key player or a person put up by the administration to launch the defense. she could have said, we believe there are a number of possible theories but she didn't take that option. >> she was a good soldier did what the administration told her to do. she read the talking points. she had more -- >> did...
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Nov 19, 2012
11/12
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. >> former obama administration advisers to give their opinions of the fiscal cliff, and peter orszag was president obama's budget director. next, they are interviewed by peter cook for about a half hour. >> >> the fiscal problems and the tax issues. we have some people. we're talking about finding ground. i am talking with peter orszag sa. we have professor martin feldstein. he has commented on these issues, and donald merrin. we have three experts to talk about these issues. walk us through this minefield and see where they year might be common ground. peter orszag, let me start with you, and the basic question about whether or not tax revenue has to be part of this conversation to begin with and whether the two sites, whether there is more common ground. >> tax revenue has to be part of the solution here, but because of the underlying budget math, but also because of the election that was just held and the desire of at least the administration to obtain that additional revenue. on the substance, the point i would make is whatever comes out of this fiscal cliff arrangements, i will
. >> former obama administration advisers to give their opinions of the fiscal cliff, and peter orszag was president obama's budget director. next, they are interviewed by peter cook for about a half hour. >> >> the fiscal problems and the tax issues. we have some people. we're talking about finding ground. i am talking with peter orszag sa. we have professor martin feldstein. he has commented on these issues, and donald merrin. we have three experts to talk about these...
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Nov 18, 2012
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this has been an intense focus of the administration. the president had 13 face to face meetings with president obama we have built out an extensive set of mechanisms with channels of communication to work on this relationship and i think it has resulted in a positive and constructive relationship. there will be issues but we put in place a superstructure for the way to manage these issues going forward. i spent an enormous amount of time with the chinese leadership and i think we can have put in place the mechanisms to have a productive and constructive relationship and i look forward to working with the new leadership in beijing. host: related to what he was saying, i want to go back to your piece on foreign affairs -- as the u.s. tries to rebalance its strategic priorities and asia -- explain what that means. guest: it is rebalancing strategic focus on resources. it is a way -- is pointing them away from the middle east. it is clear that u.s. interest in asia is enormous. it is a huge growth area both economically and, obviously, we h
this has been an intense focus of the administration. the president had 13 face to face meetings with president obama we have built out an extensive set of mechanisms with channels of communication to work on this relationship and i think it has resulted in a positive and constructive relationship. there will be issues but we put in place a superstructure for the way to manage these issues going forward. i spent an enormous amount of time with the chinese leadership and i think we can have put...
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Nov 17, 2012
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when the obama administration is adding hundreds of regulations every month particularly with health care industry, the environmental situation, i don't see any coming off of anybody whether it is health care interests or industry in general. >> guest: there are a lot of regulations. lot of bad regulations and i am not suggesting all forms of regulation are good but i do think it is very clear that for example some industries like big oil and gas companies have had benefits in terms of tax breaks, there has been an effort to push back up climate's regulation, whether it is a carbon tax or a movement toward global agreements on climate, there have been efforts to pursue certain kinds of regulatory approaches more beneficial and others such as promoting free trade agreements without intensively promoting the enforcement of trade and so forth. is not whether there's regulation or not or how many regulations there are but to the regulations favor and how they impact everybody else. >> host: david rothkopf is our guest. bob in marina, california is the next caller. >> it is an honor to ta
when the obama administration is adding hundreds of regulations every month particularly with health care industry, the environmental situation, i don't see any coming off of anybody whether it is health care interests or industry in general. >> guest: there are a lot of regulations. lot of bad regulations and i am not suggesting all forms of regulation are good but i do think it is very clear that for example some industries like big oil and gas companies have had benefits in terms of...
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Nov 20, 2012
11/12
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administration was also two parts. as a talk about the last years and clinton when the republicans took the house and forced them to keep welfare reform and cut the capitol gains tax. they never talk about the first two years where the jobs reflect when the democrats ran everything. i'm in favor of the last six years of the clinton administration, lower tax rates on capital gains, republicans wanted more. the beginning of spending restraints and none of his spending policies. there are four years and two years sets and what is the third act, okay? my guess is the third act looks a lot like 2011, 2012. we talked about the dual mandate to 86% for personal attacks on mitt romney. romney gives people cancer. that kind of stuff, not morning in america, didn't do a good job, not here is my plan for the future, here's my entitlement reform, here's my plan here. they voted for and wrote for a budget score twice with virtually every republican in the house and the senate so, they made it clear where they were going. obama ran a
administration was also two parts. as a talk about the last years and clinton when the republicans took the house and forced them to keep welfare reform and cut the capitol gains tax. they never talk about the first two years where the jobs reflect when the democrats ran everything. i'm in favor of the last six years of the clinton administration, lower tax rates on capital gains, republicans wanted more. the beginning of spending restraints and none of his spending policies. there are four...
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Nov 17, 2012
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i think the message you hear from the obama administration is that moment is not coming back again. you have to pick your fights and pick them according to national interests. i think what will be fascinating in the mideast, as you saw in libya, where we got into a discussion, a debate between the republican defense secretary, robert gates, who said there is no national interest here and people like secretary clinton, susan rice and others who said we have a responsibility to protect and not was the argument for going in and -- that was the argument for going in. that argument remains unsettled today, and that is the doubt i think you were picking up on in your question. >> i will make several comments. in europe, a look at it this way. first, when you look at, globally, countries, the united states has had the capability, and even in this period of time, but secondly, it is the united states that has taken the responsibility and stepped forward. i cannot point to another country that has been willing to take that responsibility. having said that, david refers to how we are modifyin
i think the message you hear from the obama administration is that moment is not coming back again. you have to pick your fights and pick them according to national interests. i think what will be fascinating in the mideast, as you saw in libya, where we got into a discussion, a debate between the republican defense secretary, robert gates, who said there is no national interest here and people like secretary clinton, susan rice and others who said we have a responsibility to protect and not...
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Nov 12, 2012
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they should do, if that fails, i think that the obama administration and president obama is going to have a decision very much like the one president bush had in 2002. right now we need to step back and think creatively. are there other scenarios that we can work that can get a good result in iran? without leaving the president of the united states where he only has two choices? go to war, or accept a nuclear- powered iran. neither of those is attractive. now is the time to think of it -- think creatively about an acceptable outcome in iran and avoid the halcyon choice. >> are you concerned about is real? >> interesting, israel has a lot at stake, but they are also an independent decision maker. they have their own interest in this and have made it clear that they are not prepared to except without some of the military action iran with a clear path to a nuclear weapon. one scenario would be for the illustration to try to engage with the iranians diplomatically. with the other countries involved in the so called p five. offering a robust disclosure to the iranians if there regime will
they should do, if that fails, i think that the obama administration and president obama is going to have a decision very much like the one president bush had in 2002. right now we need to step back and think creatively. are there other scenarios that we can work that can get a good result in iran? without leaving the president of the united states where he only has two choices? go to war, or accept a nuclear- powered iran. neither of those is attractive. now is the time to think of it -- think...
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Nov 12, 2012
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. >> you know this from the bush administration, petraeus tight with the bush administration, no, sir knot a lot of trust in the obama team of him, fear that he could run for president, not a great relationship between him and the president, seem to have been repaired, had to be part of the backdrop here, a certain lack of trust. >> well, general petraeus spent much of the last decade abroad, he hasser is thfd country very well. did the honorable thing. we have this tendency in washington to want to tear people down when they have made a mistake, when they have fallen -- a legitimate american hero, he has got great contributions to make in the future. he will clearly have to navigate this very difficult personal issue but he has served this country well and this country is more secure today because of general david petraeus and this country owes him a debt of gratitude for that. >> no question about that doris, as i have said this weekend, not exactly a topic that brings husbands and wives closer together. your thoughts about this in terms of what should happen? >> i don't know. i thi
. >> you know this from the bush administration, petraeus tight with the bush administration, no, sir knot a lot of trust in the obama team of him, fear that he could run for president, not a great relationship between him and the president, seem to have been repaired, had to be part of the backdrop here, a certain lack of trust. >> well, general petraeus spent much of the last decade abroad, he hasser is thfd country very well. did the honorable thing. we have this tendency in...
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Nov 16, 2012
11/12
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the obama administration hadn't started. i was frustrated. the president -- president obama said we only have one president at a time and i said that overstates the number of presidents we now have. that was part of the problem but with all that the money is paid back substantially. it stabilized the economy and i know is very unpopular. the and popularity began, at a particular point in time. when a ig -- >> the democrats if you really think about it -- aig and all that. >> blamed for the unpopularity of t.a.r.p.. it was initiated free t.a.r.p.. it came from the fed on its own but when it came out that aig played the bonus i never saw the public so a angry. successful policy that could have been better and succeeded at what it did and what had to be done. ultimately will be seen as laying the groundwork for a recovery. >> you are not going to be in your job next year. the first thing to deal with wall street, i was going -- the bad joke going nowhere fast but let's not go there. i want to ask you this. less than a minute left. when you think
the obama administration hadn't started. i was frustrated. the president -- president obama said we only have one president at a time and i said that overstates the number of presidents we now have. that was part of the problem but with all that the money is paid back substantially. it stabilized the economy and i know is very unpopular. the and popularity began, at a particular point in time. when a ig -- >> the democrats if you really think about it -- aig and all that. >> blamed...
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Nov 15, 2012
11/12
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CNBC
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. >> president obama will begin formal budget talks with house and senate leaders tomorrow. he met with several ceos at the white house yesterday. administration officials say he told them any deficit deal must be balanced with higher taxes for the wealthy as well as retitlement reform. >>> now let's talk with senior u.s. economist at barclays capital here in london. because you wanted to tell us just what they're going to do to resolve the fiscal cliff. maybe you have some answer that seems to have eluded everyone else. >> our view is probably similar to everyone else's in that there's strongen send difference to come to an agreement. the timing is the issue and the question is do we go over the cliff first before we come back. so as the president said yesterday, he's willing to look at options, but he's pretty skre skeptical that we can get the number that is he wants without a tax increase. so the outcome of the election does make it more likely that we test the cliff that we go over, tax rates go higher and we hope that incentivizes an outcome. >> this is one scenario th
. >> president obama will begin formal budget talks with house and senate leaders tomorrow. he met with several ceos at the white house yesterday. administration officials say he told them any deficit deal must be balanced with higher taxes for the wealthy as well as retitlement reform. >>> now let's talk with senior u.s. economist at barclays capital here in london. because you wanted to tell us just what they're going to do to resolve the fiscal cliff. maybe you have some...
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Nov 17, 2012
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there were 48 or 49 thrown attacks in pakistan during the entire bush administration. by the time president obama is rehydrated on january 20th, there's probably about 300 in his first term. cipro is an example of something the united states was worried about defensively, but was only beginning to go ostensibly at the very end of the bush administration. olympic games, program against iran was something that managed to expand considerably until someone made a programming error and got out to the world. special forces is something we've been lying on far more now as a light footprint strategy than we ever did before. with each one of these repulsive discovered that the return curve of when other powers or nonstate actors will have the same technology is shorter and shorter. so you now, we see china, israel, others have drones now. every nymphet drums right now. it's going to be a very short time. before we do with the other side of that. we're already dealing with cyberattacks each and every day on our infrastructure, not the kind in the olympic games, but similar kinds
there were 48 or 49 thrown attacks in pakistan during the entire bush administration. by the time president obama is rehydrated on january 20th, there's probably about 300 in his first term. cipro is an example of something the united states was worried about defensively, but was only beginning to go ostensibly at the very end of the bush administration. olympic games, program against iran was something that managed to expand considerably until someone made a programming error and got out to...
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Nov 12, 2012
11/12
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he chose not to do that at the start of his administration in 08. instead of focusing on the economy went right after obamacare. he is basketball player. i think he could pull the ultimate head fake and actually not raise rates on small businesses. the markets would soar. he would get a lot of goodwill. he gets the budget in place and doesn't touch tax rates on small businesses, i think his approval ratings and market goes through the roof. rick: i had thought maybe we would hear from pete where the republicans would be willing to compromise instead of where he thinks the president would be willing to come promize. but, sometime mon, that said, 47% of the american people voted for mitt romney and the points that he was making during the campaign. don't those folks have any kind of say in this? >> sure absolutely. i think, the country wants, i think as the president said, that he got a mandate for action and i think it is now going to come down to his leadership along with the house and senate leaders and obviously all the rank-and-file in the house
he chose not to do that at the start of his administration in 08. instead of focusing on the economy went right after obamacare. he is basketball player. i think he could pull the ultimate head fake and actually not raise rates on small businesses. the markets would soar. he would get a lot of goodwill. he gets the budget in place and doesn't touch tax rates on small businesses, i think his approval ratings and market goes through the roof. rick: i had thought maybe we would hear from pete...
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Nov 18, 2012
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let me start by once again welcoming president barack obama and his administration to thailand. thailand is the first country president obama choose to visit following the election less than two weeks ago. we recognize the significance of the president and we all thank you for being here today. president obama, it is the perfect occasion to launch the celebration of 180 anniversary of thailand next year. i thank president obama and secretary clinton for actively promo promote... this afternoon i have the honor of accompanying the president for an audience with his majesty the king. the close relationship between our two countries at the highest level. lastly, at the bilateral meetings we had... discussion a partnership. thailand is the oldest ally of u.s. in asia and a long lasting one with commitment to democracy, human rights and free markets. i expressed to the president that it is my firm commitment to the people to preserve and protect the democratic system and i have shared the president's support of democracy in thailand. and democracy will lead to economic prospects. we
let me start by once again welcoming president barack obama and his administration to thailand. thailand is the first country president obama choose to visit following the election less than two weeks ago. we recognize the significance of the president and we all thank you for being here today. president obama, it is the perfect occasion to launch the celebration of 180 anniversary of thailand next year. i thank president obama and secretary clinton for actively promo promote... this afternoon...
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Nov 17, 2012
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of barack obama, that they are going to stall out all of his nominations. this is their warning shot that they are going to filibuster her appointment and perhaps anybody else's. i think that's what it is. and here is the intelligence committee member. >> again, i'm really confused. the only point in contention really is whether or not this attack emerged from a protest and as soon as the information became clearer and it did take some time for that to happen, then that was perfectly clarified. there is absolutely -- it's inconceivable to me for anybody to speculate there would be a deliberate misleading of the american people. why would there be? it's perfectly inconsequential al. there was a spontaneous demonstration and the terrorist groups organized to take opportunistic advantage of it or not. in any case, there is no advantage to mislead the american people in that regard. i mean you have to have motivation behind it and there is none. and as soon as the intelligence became clearer and as a member of the committee, i was told exactly that, that there
of barack obama, that they are going to stall out all of his nominations. this is their warning shot that they are going to filibuster her appointment and perhaps anybody else's. i think that's what it is. and here is the intelligence committee member. >> again, i'm really confused. the only point in contention really is whether or not this attack emerged from a protest and as soon as the information became clearer and it did take some time for that to happen, then that was perfectly...
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Nov 14, 2012
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if you think about it, the only reason we didn't have immigration reform during the bush administration is because two gentlemen, rahm emanuel in the house and barack obama in the senate decided to vote for an amendment to the immigration bills that actually help the union. they were backed by the unions, and they decided that they would poison the well by voting for those amendments that killed immigration reform. nobody talks about that in the immediate, but it was liberal labor unions and those barack obama in the senate who decided to poison the well. he did it again this time, and i think as republicans we have to be smarter than we have been on this issue in the past. we have to look past the easy of the other side and find a rational solution to immigrati immigration. >> i find common ground with that analysis, raul, and i think also that marco rubio has done a very good job of articulating some of the things that emerged from this white house, and not, not, i don't know that you can, you can make a very strong case that republicans have been hostile on this dialog so much as it
if you think about it, the only reason we didn't have immigration reform during the bush administration is because two gentlemen, rahm emanuel in the house and barack obama in the senate decided to vote for an amendment to the immigration bills that actually help the union. they were backed by the unions, and they decided that they would poison the well by voting for those amendments that killed immigration reform. nobody talks about that in the immediate, but it was liberal labor unions and...
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Nov 20, 2012
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. >> john: it was in september of 2010 that barack obama went to the u.n. and argued against there recognizing palestine as a state. that has been the policy of the past administrations. it has to happen at some point. sooner rather than later. i would like to see this be the generation of israelis and palestinians who put this destructive violence behind us. taking your calls. bill, right wing tool, call back. it's the "bill press show." >> announcer: heard around the country and seen on current tv this is the "bill press show." >> john: this is the "bill press show." i'm john fuglesang. filling in for bill -- what's my name? john -- bill from the bronx said. i love the smell of cowardly right-wing tools in the morning. happy 70th birthday joe biden. we're taking your calls all morning at 1-866-55-press. we are asking americans what the u.s. could or should do to help stop the violence in israel and gaza. but right now, i'm thrilled to welcome think progress's deputy editor igor volsky, not just because igor's brilliant or because i love think progress. it
. >> john: it was in september of 2010 that barack obama went to the u.n. and argued against there recognizing palestine as a state. that has been the policy of the past administrations. it has to happen at some point. sooner rather than later. i would like to see this be the generation of israelis and palestinians who put this destructive violence behind us. taking your calls. bill, right wing tool, call back. it's the "bill press show." >> announcer: heard around the...